Blog of India » Bad Loans http://www.blogofindia.in Blogging about Indian entertainment and Sports Tue, 22 Nov 2011 23:59:18 +0000 en hourly 1 http://wordpress.org/?v= Fundamental Credit Outlook for Banks Still Negative http://www.blogofindia.in/fundamental-credit-outlook-for-banks-still-negative/ http://www.blogofindia.in/fundamental-credit-outlook-for-banks-still-negative/#comments Mon, 23 Nov 2009 18:04:52 +0000 neha http://www.blogofindia.in/?p=2358 Yet Another Related Posts Plugin.]]> Even as economists of the world look towards India optimistically, statistics say that all is not well. The credit outlook for most Indian banks remains negative after the changes made in January earlier this year. Though the fundamental credit outlook was stable, the economic conditions still remain challenging and the number of problem loans or ‘bad’ loans still continues to be on the rise. Of course, the result of all this is an adverse effect on the quality of assets.

It has been estimated that even in the next twelve to eighteen months, things are not going to change for the better. There are no optimistic projections for the next year or two. The public sector banks, which make up the majority of the banking systems and assets, continue to hold a strong front. The concern for the deteriorating asset quality still looms large.

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